GBP/USD: Repeated Close Below 1.40 to Keep Fresh Bears in Play
Cable stands at the back foot on Monday and remains below 1.40 mark after losing around 1.5% in...
GOLD Breaks Pattern
The yellow metal’s price has broken the descending wedge pattern and almost immediately dropped to the 1,720.00 level....
Gold is Having a Rough Day; Can it be Stopped?
With the US Dollar screaming higher today, it’s no surprise that Gold is moving aggressively lower. In theory,...
EUR/TRY 4H Chart: Two Scenarios Likely
Since November, the EUR/TRY exchange rate has been trading within a falling wedge pattern. From a theoretical perspective,...
EUR/PLN 4H Chart: Falling Wedge Pattern In Sight
Since the beginning of January, the EUR/PLN currency pair has been trading within a falling wedge pattern. From...
EUR/USD Trades Below 1.2180
Yesterday, the EUR/USD currency pair reversed south from the psychological level at 1.2240. It is likely that the...
GBP/USD Touched 1.3900
The GBP/USD exchange rate has declined to the 1.3900 level. It is unlikely that some upside potential could...
USD/JPY Trades Above 106.20
On Thursday, the USD/JPY currency pair exceeded the weekly R1 located at 106.17. It is likely that now...
XAU/USD Tests Lower Pattern Line
During Friday morning hours, the XAU/USD exchange rate was testing the lower boundary of the falling wedge pattern....
Gold Downtrend Continuing Towards 1720 Zone
As expected, Gold has made the move lower to 1755 zone. The downtrend is expected to continue towards...
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